GEN 2.4 GEN 2.4 Accepting deposits
In GEN Rule 2.2.2
Accepting Depositsmeans Accepting Depositswhere:(a) money received by way of Depositis lent to others; or(b) any other activity of the Personaccepting the Depositis financed, wholly or to a material extent, out of the capital of or returns on any money received by way of Deposit.
Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]